This paper models the US-China trade conflict and attempts to analyze (optimal) strategic choices. In contrast existing literature on topic, we employ expected utility theory examine mathematically. both perfect information incomplete games, show that net gains diminish as of winning increases because costs incurred during struggle. We find best response function exists for China but not US con...

Ahhough the US trade deficit hm penited sinm 1975, the collllry changed in 2009 from a net iqiorter to a net exporter of forest produits, emerging as 1he wurld's largest exporter of forest produits. Drawing on recent dato, we model the real dollar Vlllue of US exports, imporb, and the trade balanm in forest pnxluds ta identify fadors likely to explain tlis shift. We find that US dollar deprecia...